Goldman Sachs


Finance

Goldman is 'spending a lot of time' on crypto, prediction markets efforts, CEO Solomon says

The firm is exploring how these technologies can fit into its business and has met with prediction market platforms.

Goldman Sachs CEO David Solomon (Lester Cohen/Getty Images)

Markets

Goldman Sachs sees regulation driving next wave of institutional crypto adoption

Regulatory clarity and expanding use cases beyond trading are setting the stage for deeper institutional participation in digital assets, the bank said.

The U.S. Capitol.

Finance

Goldman's $2B ETF Issuer Takeover Is Both a Blessing and a Curse for Crypto

Although the acquisition of Innovator Capital Management does not directly mention crypto, it does inherently imply that Goldman Sachs is expanding into the digital assets arena.

New Jersey Skyline. Goldman Sachs Tower to the left. (Tomasmartinez/Unsplash/Modified by CoinDesk

Markets

DBS, Goldman Sachs Execute First Over-the-Counter Interbank Crypto Options Trade

DBS said the deal involved trading cash-settled OTC bitcoin and ether options.

A branch of DBS (DBS)

Finance

Tokenization Specialist Centrifuge Appoints Former Goldman Sachs Executive as COO

Jürgen Blumberg, who spent over two decades at Goldman Sachs, Invesco and BlackRock heading ETF businesses, will focus on bridging DeFi and traditional finance.

Centrifuge is one of the largest blockchain-based credit platform with $270 million of active loans. (Mae Mu/Unsplash)

Finance

Goldman Sachs and BNY Mellon Team Up for Tokenized Money Market Funds

The Wall Street banking giants are joining to a growing roster of traditional financial firms to offer tokenized versions of assets.

Goldman Sachs logo (CoinDesk archives)

Markets

Goldman Sachs Disclosed Ownership of Bitcoin ETFs. Here's Why It Doesn't Mean Much

The bank's clients are likely involved in the basis trade, rather than making a directional bet, said an analyst.

You better think

Finance

Bank Clients Just Dipped Their Toes Into Bitcoin ETFs, but Q4 Could See a FOMO Spike

The most recent batch of 13F reports filed by institutional investors was uneventful alongside bitcoin's price action during the third quarter.

An ETF promising 100% downside protection for volatility in the price of bitcoin hit the market on Wednesday. (Charlie Harris/Unsplash)

Videos

Bitcoin Up 40% YTD But Underperforms Gold When Adjusted for Risk

Bitcoin has risen over 40% this year but the price surge doesn't compensate for the price volatility risks, according to a chart by Goldman Sachs. Bitcoin's year-to-date return to volatility ratio is under 2%, significantly lower than gold's industry-leading risk-adjusted return of around 3%. CoinDesk's Christine Lee presents the "Chart of the Day."

Recent Videos

Markets

Bitcoin Price Up 40% YTD, but Gold Wins on Risk-Adjusted Returns

Gold has a significantly higher volatility ratio than bitcoin in 2024, according to analysis by Goldman Sachs.

Absolute YTD returns and return to volatility ratios for key assets, including BTC and ETH  (Goldman Sachs)